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Rosalia
Rosalia, 31 years of age, is married to a private employee and blessed with two children. She owns and has managed businesses of selling eggs and a variety store for almost 9 years. With this business she's earning a net income of about Php 10,000 a month. Rosalia also sells some condiments, cooking oil, and dried fish to have an additional source of income.

Due to insufficient capital, she would like to avail a loan amounting to Php 50,000 to purchase fifteen dozen quail and chicken eggs to sell. She's hoping that her requested loan will be granted so that she can improve and expand her business to become more profitable.

Additional Information

About Alalay sa Kaunlaran, Inc.

This loan is made possible by Alalay sa Kaunlaran, Inc. (ASKI), which means “a partner in development.” ASKI has been in operation for 25 years and runs multiple successful initiatives in addition to microlending. Its main microfinance branch focuses on lending to microentrepreneurs, small farmers, and fisher folk. ASKI also provides microinsurance and marketing support for borrowers, as well as educational programs to develop the skills of both borrowers and staff. The ASKI Foundation funds community development projects such as a daycare feeding program and scholarships for children. ASKI Global helps overseas Filipinos develop entrepreneurial and financial skills to maximize the impact of remittances.

ASKI’s motto is “Together, let’s make things happen!” Join ASKI's Kiva Lending Team or view its website.

About Philippines

  • $1175
    Average annual income
  • 979
    View loans »
    Philippines Loans Fundraising
  • $54,509,700
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Rosalia to purchase fifteen dozen quail and chicken eggs to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2013
Listed
Jul 30, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 23, 2014